TIP! There are 2 indexes that tend to 'frontrun' others - DJ Transportation index & ASX 200. Both are heading up strongly, TRAN through the ceiling & ASX just put in strong action off the lows. With Naz recently doing a bit of a nosedive I expect it to fully recover in no time at all, hence I'm long Naz.
ASX is ROCKING AMADEUS! Did I pull the trigger early? Not at all, 0 regrets. I closed the position at my target which is heavily correlated with my stop loss.
Luck doesn't matter in trading?! PREPOSTEROUS! So nobody ever experienced NOT being stopped out when price came within pips from YOUR stop & your position 'survived' & you went on to make profit? So that's not luck? Of course it's your masterful stop loss placement system LMAO.
The more I study charts the more I believe that time frame based charting is completely irrelevant. Price travels between levels in constant search of interest & that's that. Trade levels, not time.